Thursday 14 February 2013

Volatility back to the January lows

With some of the indexes pushing to new highs, the VIX lost what little upside momentum it had built in the previous few weeks. VIX is right back to the lows from late January, closing -2.5% @ 12.66.


VIX'daily3


Summary

There is little to be said, other than it remains...a near 100% fearless market.

Its almost a wonder that the VIX isn't yet in single digits.

I guess that can wait for the late spring...or the summer.
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As it is, VIX 16's look as far away at VIX'20, and the latter seems unlikely for many...many months.

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more later...on the indexes